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New $20 Bills to Become Available in October

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Nottingham Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-03 09:25 AM
Original message
New $20 Bills to Become Available in October
http://feeds.bignewsnetwork.com/redir.php?jid=13f76312e5b08836

New $20 Bills to Become Available in October
Tue September 9, 2003 12:03 AM ET




WASHINGTON (Reuters) - The revamped $20 bill, along with its faint tinge of peach color in the background, will make its way into bank vaults and consumers' pockets in early October, according to the Federal Reserve and the Treasury Department.
The new $20, whose design was unveiled in May, is to be made available to banks on Oct. 9, Marsha Reidhill, assistant director for cash and fiscal agency for the Fed, said in an interview.
The introduction into circulation of the new bill, a makeover of a bill previously redesigned in 1998, is meant to thwart increasingly high-tech counterfeiters. And even though it was not meant to be a security measure, the most prominent new feature of the bills, the addition of subtle peach, green and blue background colors, is expected to make counterfeiting harder.

"This is the most secure note the U.S. government has ever produced," Fed governor Mark Olson said in a statement.

more...

Well with a Huge Deficit we are gonna need lots of them! :bounce:
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Democrats unite Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-03 09:30 AM
Response to Original message
1. But will they still be worth $20.00?
eom
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drummerjohn Donating Member (63 posts) Send PM | Profile | Ignore Tue Sep-09-03 10:38 AM
Response to Reply #1
4. As long as they don't...
put shrubbies face on it, it should
still hold value
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-03 09:32 AM
Response to Original message
2. Oh I see this is how they will "come up with"" the $87Billion
That's a lot of trips to the ATM.
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MiddleRiverRefugee Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-03 09:35 AM
Response to Original message
3. Does this mean ANOTHER upgrade of all the vending machines???
Oh well, maybe Diebold can do this if the voting thing doesn't work out..
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Ediacara Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-03 10:47 AM
Response to Original message
5. Images



Still among the most attrocious of all cash on Earth, but now narrowly edging out Eritrea for the second-to-last-spot...
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